Indian Budget 2016-17, Income Tax changes

 

Customs duty tariff rate changes as per Indian Budget 2017-18


Central Excise Duty changes as per Indian Budget 2017-18


Service Tax rate tariff Changes under Indian Budget 2017-18


(Updating soon after Budget 2017-18 on 1st February,2017 under text format and pdf format)

Budget 2016-17 changes in customs import duty tariff, excise duty and service tax

Indian Union Budget 2016-2017, changes in import customs tax tariff, chapter wise

Indian Budget 2016-17, Excise duty tariff changes, chapter wise

Changes in Service Tax as per Budget 2016-17

 

Changes in Income Tax, Updating soon after Indian Budget 2016-17

  

Indian Budget 2016-17, Income Tax changes 

Budget 2016-17 Income Tax slab changes under general category (Individual) 

Budget 2016-17, Changes in Income Tax slabs for Men and Women above 80 years of age 

Budget 2016-17, Changes in Income Tax slabs for Co-operative Society 

Budget 2016-17, Changes in Income Tax slabs for Firm 

Income Tax slabs for Local Authority under Budget 2016-17 

Budget 2016-17, income tax slabs changes for Domestic Company 

Income tax slab changes for Company other than a Domestic Company 

Income tax slab changes for Senior Citizens (Men and Women above 60 years of age), but below 80 years 

Exemption of excise duty on non manufacturers of goods for installation of cold storage 

Exemption on goods financed by UN and Intl agency extends to sub contractors 

Area based excise duty exemption presently available to the North Eastern States 

BED and NCCD on pan masala, tobacco products, crude petroleum, mobile phones and motor vehicles 

Clarification to Department of Scientific and Industrial Research (DSIR) 

Customs duty exemption clarification for aircraft engines and parts 

OLP and PTCR for manufacture of refrigerator compressor exemption clarification 

clarification on exemption of Liquefied Natural Gas (LNG) for SEZ 

Exemption of Excise duty of BCD and CVD on power project 

No refund of SAD under notification No.102/2007-Customs dated 14.09.2007 

Tax changes for specified goods imported for petroleum exploration under Indian Budget 2016-17 

Direct imports by Government will attract customs duties 

Exemption for disposable sterilized dialyzer and micro barrier of artificial kidney 

Excise duty CENVAT is being levied on articles of jewellery under Indian Budget 2016-17 

Import duty changes for toys, games and sports equipments under HS code 95 as per Indian Budget 2016-17 

Import tariff changes for furniture,lamps and lighting fittings,nameplates & the like under HS code 94 as per new Indian budget 

 Government tax tariff changes for import of arms and ammunition under Indian Budget 2016-17 

Import tax tariff changes for musical instruments and parts as per Indian Union Budget 2016-17 

Duty tariff changes for import of medical or surgical instruments and apparatus, optical, photographic parts and accessories as per latest Indian Budget 2016-17 

Latest Indian budget changes for import of boats, ships, floating structures as per HS code 89 

Import tariff changes for aircraft, spacecraft, aircraft parts, spacecraft parts under HS code88 as per new Indian budget 

Govt tariff changes for import of railway or tramway locomotive, traffic signaling equipments, track fixtures and fittings as per

 

Budget 2016-17 

Transferability of Bill of Lading
Why do carriers balance weight and volume while charging freight amount in Exports?
How does CENVAT Credit work?
Why, best attention while preparing Export Invoice?
Is Letter of Credit LC safe for an Importer?
Is ON BOARD CERTIFICATE required for LC negotiation
What is said to contain in Bill of Lading.

Why does Palletization require?

Why labeling and marking in Export business?

 How to make DA mode of payment safe

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

 Triangular shipment

Types of Insurance Documents.

How to make delay in delivery of Shipment?

 How to minimize import cargo clearance time? An open logic proposal to WTO

How to obtain a duplicate BL, if original bill of lading lost.

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

 Triangular shipment

Types of Insurance Documents.

How to obtain GSP - Certificate of Origin?

How to obtain Phyto sanitary certificate. What is phytosanitary certification

 How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS

How does a Running bond work?

 How does Bill of Lading work in DP payment terms?

How does Bill of Lading work in Sight LC

How does CENVAT Credit work?



Why need Certificate of Origin

 Why prefer exports?

 How many types of imports in India. Types of bills of Entry in India

How many types of shipping bills in export

 How to add Line number in Import General Manifest in Custom in India

 Import General Manifest (IGM)

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

 Triangular shipment

Types of Insurance Documents.

Importance of Bill of Lading

Introduction to this web site.

 Is Airway bill a documents of title?

 Is Customs House Agents (CHA ) required to be appointed mandatory?

 Is DP terms of payment safe in export business?

Is Letter of Credit LC safe for an Importer?

 Is ON BOARD CERTIFICATE required for LC negotiation

Why to insure export goods?

Why, best attention while preparing Export Invoice?

Related posts about Export Import  Free Online Training:


Difference between standard dry container and Open Top Container
How to import Prepared vegetables, Prepared fruits, Prepared nuts           
Guidelines to importers of Prepared Cereals, Prepared Flour, Prepared starch and Prepared Milk           
Import processes of Cocoa and Cocoa products     
Trade Facilitation Agreement ( TFA) and India         
Period of post shipment credit to exporters   
How does a Running bond work?
How does CENVAT Credit work? 
Import General Manifest (IGM)
Importance of Bill of Lading 
Procedure to Import Ships and Floating Structures  
How to Import Musical Instruments, Parts and Accessories
Procedures to Import Clocks, Watches        
How to import Optical, Photographic, Medical Instruments and Accessories

 

 

 

 


Comments


varghese babu: Could you able to help us whether we need to pay any sale tax or service tax for imported goods for sale ? Our business plan is to provide an e-commerce website to purchase foreign goods for the indian customers. The customer pay to us including our 3% profit along with the product price. Once we receive the money we order the product for the customer. We receive the product and supply to the customer. But there is a price difference of 3% with the original price mentioned on the invoice of import.Don't hesitate to contact for further clarifications.

paresh gorane : I would like to inform My self paresh Gorane I Have Done MBA marketing & International Business Management, Currently I m working Courier Comp. I have interested for export import....i will interested start my own business & i m not interested in any job i have no experience about this Pls suggest mi Pls guide me

Premjee Enterprises : I am based in New Delhi and am a new entry into this field of Import & Export. I have no previous knowledge of how the whole thing works and would require assistance. Please let me know details 1. Do assist beginners in getting the Import Export licence. 2. Assistance in getting the consignment from the country of origin to India. 3. Assistance in all documentation work and clearances from customs etc.

Maersk Sealand: As I AM INTERESTED TO DO EXPORT BUSINESS,PL,LET ME KNOW THE FIELD OFFERED BY

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